Steak n Shake 4Q sales, profit surge

INDIANAPOLIS The Steak n Shake Co., which operates or franchises 485 family-dining restaurants, reported this week its third consecutive quarter of profitability, on a same-store sales increase driven by a 20-percent surge in traffic.

 

For the quarter ended Sept. 30, Steak n Shake said its same-store sales rose 10 percent from the same quarter a year ago. The surge helped revenue rise 15 percent to $160 million. The company’s net income tot

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish